Commissioner Of Income Tax Central Ii vs Standard Farms Pvt. Ltd. & Anr.

ik-8739983 Delhi High Court 13 December 2024 • 15 min read

Judges (2)

Amit Sharma Coram Prathiba M. Singh Delivered

Counsel (8)

Easha Counsel Petitioner Gagan Kumar Counsel Respondent Gagandeep Counsel Respondent Gurtej Pal Singh Counsel Respondent Hemlata Rawat Counsel Petitioner Jai Dogra Counsel Respondent Manmeet Kumar Counsel Respondent Sanjay Kumar Counsel Petitioner

Parties (3)

Commissioner of Income Tax Central II Petitioner Raheja Builders Pvt. Ltd. Respondent Standard Farms Pvt. Ltd. Respondent

Case Significance

Commissioner Of Income Tax Central Ii vs Standard Farms Pvt. Ltd. & Anr. is a Delhi High Court decision dated December 13, 2024 (citation: ik-8739983). Standard Farms and Raheja Builders filed review petitions seeking review of a 2017 Delhi High Court order that had remanded their cases to the Income Tax Settlement Commission on the issue of whether immunity from penalty and prosecution should be granted, the original order having found that income was not fully and truly disclosed. The court found no error apparent on the face of the record warranting review. The review petitions were dismissed and the matter was remanded back to the Settle The bench comprised Justices Amit Sharma and Prathiba M. Singh. The judgment was delivered by Justice Prathiba M. Singh.

Summary

Standard Farms and Raheja Builders filed review petitions seeking review of a 2017 Delhi High Court order that had remanded their cases to the Income Tax Settlement Commission on the issue of whether immunity from penalty and prosecution should be granted, the original order having found that income was not fully and truly disclosed. The court found no error apparent on the face of the record warranting review. The review petitions were dismissed and the matter was remanded back to the Settlement Commission to decide the immunity issue, with direction to complete within 4 months.

What was the outcome of Commissioner Of Income Tax Central Ii vs Standard Farms Pvt. Ltd. & Anr.?

Standard Farms and Raheja Builders filed review petitions seeking review of a 2017 Delhi High Court order that had remanded their cases to the Income Tax Settlement Commission on the issue of whether ...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-8739983)